Namyue Holdings (HKSE:01058) Debt-to-Equity : 0.28 (As of Dec. 2023)

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What is Namyue Holdings Debt-to-Equity?

Namyue Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$14.89 Mil. Namyue Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.08 Mil. Namyue Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$52.91 Mil. Namyue Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Namyue Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:01058' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 1 Max: 9.35
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Namyue Holdings was 9.35. The lowest was 0.00. And the median was 1.00.

HKSE:01058's Debt-to-Equity is ranked better than
62.77% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs HKSE:01058: 0.28

Namyue Holdings Debt-to-Equity Historical Data

The historical data trend for Namyue Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Namyue Holdings Debt-to-Equity Chart

Namyue Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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9.35

4.94

0.28

Namyue Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.05	-	0.23	0.28

Competitive Comparison of Namyue Holdings's Debt-to-Equity

For the Footwear & Accessories subindustry, Namyue Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Namyue Holdings's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Namyue Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Namyue Holdings's Debt-to-Equity falls into.

Namyue Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Namyue Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(14.888	+	0.081)	/	52.911
	=	0.28

Namyue Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(14.888	+	0.081)	/	52.911
	=	0.28

Namyue Holdings (HKSE:01058) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Namyue Holdings Debt-to-Equity Related Terms

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Namyue Holdings (HKSE:01058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Namyue Holdings Ltd (HKSE:01058) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 Connaught Road Central, 29th Floor, Guangdong Investment Tower, Hong Kong, HKG

Website

https://www.namyueholdings.com

Namyue Holdings Ltd is involved in the lease of plant and machinery, processing of cowhides, leather trading, and processing and sale of semi-finished and finished leather in PRC. The company's revenue is generated from the sale of processed leather.

Namyue Holdings (HKSE:01058) Headlines

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